Infile Plus

If you require an update to an infile, then take advantage of our Infile Plus Services. Again, with our great Same Day service.

For example:

Landlord ratings

Balance updates

Mortgage ratings

Public Records

Add monthly payments

Non-Traditional Credit Reports

Full RMCR

Here’s more about our often praised NEXT DAY services.

Interview of each borrower.

Each borrower receives a copy of their credit report.

Two years employment verification.

Two years landlord rating.

Verification of all collections.

Detailed bankruptcy verification.

Deferred dates on all student loans.

Detailed hands-on public record and legal search.

Verification of all disputed adverse information.

Supplements: daily mailings and follow-up.

48 Hour Credit Rescore

Rapid 48 hour Credit Score recalculation is an agreement between CISCO and the 3 national repositories. CISCO is able to submit the proper paperwork directly to the national bureaus and in 48 hours we are able to update the borrower’s credit report and change their Credit score(s).

We do not guarantee a Credit score change because of the many possible factors involved. However, we have experienced score changes of 30 to 40 and in some cases greater than 75 points. Learn More

Lien and Judgement Report

FCRA Approved LexisNexis RiskView Lien and Judgement Report

The national credit bureaus’ have stopped providing a significant number of public records data pertaining to civil judgments and tax liens. LexisNexis Risk Solutions has observed that borrowers who have a judgment or tax lien are 5 ½ times more likely to end up in pre-foreclosure or foreclosure, as compared to borrowers who don’t have judgments and tax liens, making this information vital for lenders.

LexisNexis®is the industry leader in public record information utilizing superior linking technology that yielded a near perfect(99.75%)matching accuracy rate for liens & judgments in rigorous testing.

CISCO clients can use the RiskViewTM report as an automatic addendum with every credit report or request the report individually on specific applicants. Click for Sample

Verification of Employment / Income

Verify Income and Employment with Speed and Certainty

A verification of income is necessary in order to help understand an applicant’s ability to pay. With consumer consent, an income verification from Equifax:

Leverages The Work Number® database of income and employment records from over 5,500 employers nationwide, including over 75% of the Fortune 500 and the majority of federal government civilian employers

Includes payroll data that comes direct from employers and is updated every payroll cycle

Provides you with actionable data that is delivered within seconds

For those applicants whose information is not available instantly, a researched verifiction can be immediately initiated, whereby a team of verification specialists will manually complete the verification on your behalf. With hundreds of thousands of employers in our researched verifications database, our team can quickly connect with the right resources and perform fast and fully documented income verifications, generally in as little as one to three business days—a complete solution for all your verification needs.

CISCO Credit is supporting Fannie Mae’s Day One Certainty™ by offering Verification of Deposits and Assets with AccountChek™ and The Work Number Verification services for verification of employment and income services.

An average of 5 hours is spent, per loan, on asset document collection, review and verification and the same document is collected and reviewed multiple times during the loan process. This manual verification is slow, costly & riddled with hidden fraud! Direct source validation stops fraud & saves time.

CISCO has partnered with AccountChek™ delivering a secure, online, real-time, compliant process that is patented and accepted by government sponsored enterprises, lenders and investors to validate deposits and assets. AccountChek™ is used by multiple industries, including mortgage, credit card, automobile, rental, real estate and other businesses, to eliminate the hassle required to obtain complete copies of bank statements and third-party validate the information.

A simple 3-step process verifies data in minutes:

Login & Authorize – the borrower receives a notification with their AccountChek™ login.

The AccountChek™ platform is integrated with CISCO Credit. Verify deposits and assets from the same platform used for credit reports and other services. A complete statement and 1006 form are delivered for each account requested. Verify up to 10 accounts on a single request.

Impact Free Inquiry

Impact free credit report gives you the ability to pull Experian and Transunion credit reports without an inquiry impact. The report will provide a FICO score. No impact inquiry, results in no impact to the credit score.

Once qualified, a hard pull can be made and used for underwriting. This process may reduce the number of hard pulls and maintain the borrower’s score.

FACT Act Mail Service

This service lets us take care of mailing the Risk Based Score Disclosure. One less thing for you to worry about.

Credit Radar

Credit Radar™ combines revolutionary credit intelligence and industry best practices into a simple, elegant page that is delivered automatically with every credit report.

Mid-Score Forecast

Mid-Score Risk

Key Indicators

Fast & Automatic

Credit Analyzer

Credit Analyzer determines the best actions to take to maximize an applicant’s credit scores, so you know what to look for and what to do. Provides actions to improve score and the top factors that make your score higher.

Estimated new score and score gain after action taken. Use Credit Analyzer to find the most cost-effective way to achieve a particular score increase, or the maximum score increase for a given amount of cash.

CreditXpert Detective

CreditXpert Detective finds potential updates, even the ones that you may overlook. By scrutinizing the data within a particular credit report and comparing it against credit reports from the other bureaus.

Looks for missing, outdated or incorrect information.

Determines likely replacement value.

Checks value of any changes to determine what it’s worth to the score, if the change is not going to be of value to the score it will not alert you to correct.

CreditXpert Detective does the comparison for you so you don’t have to examine every last detail of an applicant’s credit files.

TrendScape™

TrendScape™ is a way for your customer to quickly understand the story of the applicant’s credit including the new trended data. It also forecasts each applicants’ score, example: “their mid-score is currently 672, but are likely to be in the 680-700 range within “x” months”.

TrendScape™ automatically analyzes your credit reports-all you have to do is look at the first page to see how applicants are trending.

TrendScape™ finds trends and alerts you to important behaviors. It even uses the trend data to forecast key credit score changes.

TrendScape™ comes with every credit report, wherever you order them. Use an LOS? No problem. TrendScape is delivered as the first page of your PDF credit report.

SSA-89 Social Security Verification

Automated Form SSA-89 Processing in a few hours. SSV Verifies whether a name and Social Security Number (SSN) combination match the data in SSA’s records. SSV is the result from processing the signed consent Form SSA-89. The Form SSA-89 is currently the only way to verify a Social Security 100% directly from the SSA.

Tax Return Verification

Bankruptcy Verification

CISCO has come up with the ideal solution for lenders looking for a fast and simple bankruptcy document retrieval service. CISCO’s BK-V Report gives lenders access to comprehensive data on their applicant’s bankruptcy history.

Business Credit Reports

The Experian Business Profile report presents a current, objective picture of how a business handles its financial obligations. The Profile report provides actual trade payment experiences, public record information, company background, and comparative data, placing a company’s payment performance in context with its industry.

The information is reliable, accurate and unbiased, allowing for an objective view of a company’s overall financial health. Click here for an example

Social Search

Social Search delivers up to date name, address, and date issued information. This will confirm applicant information and detect potential fraudulent activity associated with a Social Security number.

Also receive verification on maiden names, alias, misspellings, and consumers who have changed their identity. Example

AVM

Automated Valuation Model Through CISCO basically estimate the value of the property over the web in seconds. The estimation is based on the house size and features compared to the neighboring houses and their recent sold-price if any. Example

Loan Quality Initiative Services

(LQI) Services we offer:

Refreshing Credit Report – A credit report acquired just prior to closing to help you proactively uncover additional debt or credit inquiries.

Comparison Report – allowing you to compare two reports in less than 10 seconds! You can easily comply with the new Fannie Mae Loan Quality Initiative standards.

Verification of New Inquiries – A process to determine new account information.

Soft Code Inquiry – This is available for pre-funding and post-funding review.

Inquiry/Derogatory Letter – A pre-filled form letter available for the borrower to address any inquiries and any derogatory information on the original credit report or the refreshing report.

Tax Return Verification – Used to verify the validity of a borrower’s income by referencing tax returns filed with the IRS.

Social Security Verification – Used to verify against the Social Security Administration’s Master File of Social Security Numbers (SSNs), using Social Security number, name, date of birth and gender code (if available).

It’s an easy-to-use, comprehensive, list-fulfillment tool that will help you increase profitability, sales, and will maximize your marketing dollars. Save time and money by sending offers only to prospects who meet your credit risk threshold.

VODA

Automating the Financial Verification Process. Automates the verification of a borrower’s deposits and assets in the loan process by providing instant digital statements from more than 15,000 financial institutions. Delivers VODA reports in minutes through a our system eliminating the need for borrowers to submit paper copies of bank statements and investment statements.